v3.26.1
Summary of Significant Accounting Policies - Segment Reporting - Reconciliation of company's net income (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jan. 07, 2025
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment operating expenses:          
Research and development   $ 2,938 $ 1,064 $ 4,973 $ 1,889
Change in fair value of contingent consideration   (10) 16 (15) (3,472)
Total operating costs and expenses   5,919 4,338 11,851 4,800
Loss from operations   (5,919) (4,338) (11,851) (4,800)
Other segment items:          
Change in fair value of convertible notes   (213) (1,854) (8,940) (3,485)
Change in fair value of warrants   (4,941) 542 (9,597) (86,187)
Loss on issuance of warrants $ (75,600)       (75,644)
Loss on extinguishment of debt       (76)  
Loss on derivative liability   (1,700)   (1,743)  
Other income, net   36 92 65 195
Total other (loss) income, net   4,764 (2,304) (1,097) 7,253
(Loss) income before taxes   (1,155) (6,642) (12,948) 2,453
Net (loss) income   (1,155) (6,642) (12,948) 2,453
Single reportable segment          
Segment operating expenses:          
Compensation and benefits   2,851 2,505 5,980 4,894
Professional and legal fees   677 1,167 2,119 2,386
Office and travel   317 285 618 515
Research and development   2,084 365 3,149 477
Total selling, general and administrative, and research and development   5,929 4,322 11,866 8,272
Change in fair value of contingent consideration   (10) 16 (15) (3,472)
Total operating costs and expenses   5,919 4,338 11,851 4,800
Loss from operations   (5,919) (4,338) (11,851) (4,800)
Other segment items:          
Change in fair value of convertible notes   (213) (1,854) (8,940) (3,485)
Change in fair value of warrants   4,941 (542) 9,597 86,187
Loss on issuance of warrants         (75,644)
Loss on extinguishment of debt       (76)  
Loss on derivative liability       (1,743)  
Other income, net   36 92 65 195
Total other (loss) income, net   4,764 (2,304) (1,097) 7,253
(Loss) income before taxes   (1,155) (6,642) (12,948) 2,453
Net (loss) income   $ (1,155) $ (6,642) $ (12,948) $ 2,453